Settings8H · net · $10k
Funding arb · Price arb /

CIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against SunX+0.094%7-day average −0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.094%, 7d avg −0.008%
Together, before fees−0.462%−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.102% dearer against SunX than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of −0.008%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CIEN-USDT372.050.0100pay 0.0100% / 8h4h 50m$1K$897K10x
ShortGate CIEN_USDT372.400get 0.0000% / 8h4h 50m$300K$37K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: +0.094% → −0.008%
$10.23
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$33.77
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 22 min ago; Gate: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 22 min ago500.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago16.13 bp78.9 bp −$79doesn't fitdoesn't fitdoesn't fit

CIEN on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CIENUSDT0.0000%8h372.20+0.040%$176K$405K25xas long as short
OKX CIEN-USDT-SWAP0.0000%8h371.93−0.032%$132K$185K20xas long as short
Gate CIEN_USDTshort0.0000%8h372.40+0.094%$300K$37K20x
Bitget CIENUSDT0.0000%8h371.90−0.040%$95K$189K20xas long as short
Variational Omni CIEN+0.0028%8h372.31+0.070%$49K$55Kas long as short
QFEX CIEN-USD+0.0080%1h371.57−0.129%$1.2M$4.2M10xas long as short
KuCoin CIENUSDTM+0.0100%8h371.88−0.046%$100K$188K20xas long as short
SunX CIEN-USDTlong+0.0100%8h372.05long leg$1K$897K10x
HTX CIEN-USDT+0.0100%8h375.29+0.871%$9K$41K10xas long as short
Binance CIENUSDT+0.0121%8h372.30+0.067%$531K$1.2M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:CIEN+0.0365%1h371.93−0.034%$69K$114K10xas long as short